Thursday 10/Apr/2025 – 10:46 PM
The Central Bank of Egypt is preparing to launch wardrobe bills worth 40 billion pounds, next Sunday, April 13, 2025, divided into two legs, the first with a value of 30 billion pounds, for a period of 3 months, equivalent to 91 days- issued on April 15, 2025, and it is worth the 15th of June 2025, this came after the central bills offered wardrobe worth 75 billion pounds, for a period of 6 months and a year, today, Thursday 10 April 2025.
Wardrobe
The Central is also offered a treasury bills of 10 billion pounds, for a period of 9 months -273 days -issued on April 15, 2025, and it is worth the 13th of January 2026, so that the total amount scheduled for next Sunday will be 40 billion pounds.
The high volume of local liquidity in the banking sector
The Central Bank of Egypt revealed that the volume of local liquidity in the Egyptian banking sector increased to register 11.636 trillion pounds at the end of December 2024, compared to 8.877 trillion pounds at the end of December 2023.
The Egyptian Central Bank meeting
The Central Bank of Egypt is preparing to hold the second meetings of the Monetary Policy Committee for the year 2025, to determine the fate of interest rates, which is scheduled to be held on Thursday, April 17th, in accordance with the schedule announced through the official website of the bank.
That meeting comes in light of positive economic indicators, most notably the noticeable decline in basic inflation rates, which opens the door to strong possibilities to start a gradual reduction in interest rates on deposit and lending operations.
The basic annual inflation rate decreased
The Central Bank of Egypt revealed the decline in the basic inflation rate on an annual basis to 9.4% in March 2025, compared to 10.0% in February 2025.
Today, Thursday, April 10, 2025, the Central is that the monthly inflation in the basic record for consumer prices, which is prepared by the Central Bank of Egypt reached 0.9% in March 2025, compared to 1.4% in March 2024, and 1.6% in February 2025.
The monthly change rate in the general record for consumer prices for urban urban, announced by the Central Agency for Public Mobilization and Statistics, recorded today, 1.6% in March 2025, compared to 1.0% in March 2024, and 1.4% in February 2025.
On an annual basis, the general inflation rate for urbanization recorded 13.6% in March 2025 compared to 12.8% in February 2025.
